Hino Motors, a subsidiary of Toyota Motor, is teaming up with an Israeli electric vehicle start-up to develop electric trucks, buses and commercial vehicles. Nearly every automaker â including General Motors, Ford and Volkswagen â is targeting commercial …
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“We are all clearly disappointed and are taking this very seriously,” UBS Chief Executive Ralph Hamers said of the loss in its prime brokerage business related to the U.S. client’s default. While the client was not named, it is widely understood to be Archegos.
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âIt's extremely concerning if we're not able to close the gaps that are created,â Songwe said. Click here to access the Bloomberg Vaccine Tracker. Poorer
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BP PLC on Tuesday posted better-than-expected earnings for the first quarter of the year, reflecting stronger oil and gas prices, and said it is launching a $500 million share buyback in the second quarter. The British oil major made a net profit of $4.67 billion …
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What Bloomberg Economics Says… Industrial profit growth will likely slow in coming months âas the base becomes more challenging and output starts to
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